The 3d Printing Etf Technical Analysis
| PRNT Etf | USD 21.78 0.22 1.02% |
As of the 24th of November, 3D Printing shows the risk adjusted performance of 0.0841, and Semi Deviation of 1.09. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of 3D Printing, as well as the relationship between them.
3D Printing Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PRNT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PRNTPRNT |
3D Printing technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
3D Printing Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of 3D Printing volatility. High ATR values indicate high volatility, and low values indicate low volatility.
3D Printing Trend Analysis
Use this graph to draw trend lines for The 3D Printing. You can use it to identify possible trend reversals for 3D Printing as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual 3D Printing price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.3D Printing Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The 3D Printing applied against its price change over selected period. The best fit line has a slop of 0.03 , which means The 3D Printing will continue generating value for investors. It has 122 observation points and a regression sum of squares at 45.34, which is the sum of squared deviations for the predicted 3D Printing price change compared to its average price change.About 3D Printing Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of The 3D Printing on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of The 3D Printing based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on 3D Printing price pattern first instead of the macroeconomic environment surrounding 3D Printing. By analyzing 3D Printing's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of 3D Printing's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to 3D Printing specific price patterns or momentum indicators. Please read more on our technical analysis page.
3D Printing November 24, 2024 Technical Indicators
Most technical analysis of PRNT help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for PRNT from various momentum indicators to cycle indicators. When you analyze PRNT charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0841 | |||
| Market Risk Adjusted Performance | 0.1055 | |||
| Mean Deviation | 1.03 | |||
| Semi Deviation | 1.09 | |||
| Downside Deviation | 1.3 | |||
| Coefficient Of Variation | 960.02 | |||
| Standard Deviation | 1.33 | |||
| Variance | 1.77 | |||
| Information Ratio | 0.006 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0061 | |||
| Treynor Ratio | 0.0955 | |||
| Maximum Drawdown | 5.61 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 2.78 | |||
| Downside Variance | 1.68 | |||
| Semi Variance | 1.2 | |||
| Expected Short fall | (1.10) | |||
| Skewness | 0.1888 | |||
| Kurtosis | 0.1111 |
3D Printing One Year Return
Based on the recorded statements, The 3D Printing has an One Year Return of 5.9%. This is 36.42% lower than that of the ARK ETF Trust family and 36.42% lower than that of the Technology category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 3D Printing. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of 3D Printing is measured differently than its book value, which is the value of PRNT that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Printing's value that differs from its market value or its book value, called intrinsic value, which is 3D Printing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3D Printing's market value can be influenced by many factors that don't directly affect 3D Printing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3D Printing's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Printing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Printing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.